Global Nickel Profile, Bar and Rod Industry Expansion is Forecast to Reach 8.5% P.A.

Date: 2015-08-14

“The expansion of the global nickel profile, bar and rod industry is forecast to reach 8.5% p.a. in the coming years. Between 2007 and 2013 the market increased with an average annual growth of 0.9%. Currently, alloyed nickel profiles, bars and rods account for 94% of the global demand while not alloyed nickel profiles, bars and rods have a 6% share of the market.

China, France, Germany, the United Kingdom and the United States represent the largest nickel profile, bar and rod markets while the strongest annual growth is forecast to occur in Turkey (26.3%), Sri Lanka (24.1%), Lithuania (22.7%), Morocco (22.0%) and Estonia (21.6%).  “

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